HDFC Equity Savings Fund
The scheme seeks to provide capital appreciation by investing in Equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments.
Growthvine rating: 3/5 — ranked #10 of 25 in category.
Fund basics
| Category | Hybrid: Equity Savings |
|---|
| NAV | ₹67.48 (as of 2026-09-11) |
|---|
| AUM | ₹5,699 Cr |
|---|
| Expense ratio | 1.58% |
|---|
| Riskometer | Moderately High |
|---|
| Fund manager | Srinivasan Ramamurthy |
|---|
| Exit load | For units in excess of 15% of the investment, 1% will be charged for redemption within 1 month |
|---|
Performance & risk
| 5-year annualised return | 7.73% |
|---|
| Sharpe ratio | 0.39 |
|---|
| Standard deviation | 5.22% |
|---|
| Max drawdown | -17.05% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 124.1% of NIFTY 50 Hybrid Short Duration Debt 25:75 Index's upside and 150.7% of its downside.
Market cap allocation
| Large cap | 88.6% |
|---|
| Mid cap | 4.1% |
|---|
| Small cap | 7.3% |
|---|
Concentration
| Top 5 holdings | 23.8% |
|---|
| Top 10 holdings | 37.3% |
|---|
| Total holdings | 99 |
|---|
Top holdings
- Net Receivable / Payable — 30.0%
- HDFC Bank Ltd. — 7.1%
- Reliance Industries Ltd — 5.6%
- Sun Pharmaceutical Industries Ltd. — 4.0%
- NTPC Limited — 3.8%
- TREPS - Tri-party Repo — 3.6%
- Titan Company Limited — 3.3%
- ICICI Bank Ltd. — 3.0%
- Larsen & Toubro Limited — 3.0%
- Tata Consultancy Services Ltd. — 2.7%
Top sectors
- Banking & Financial — 15.4%
- Automobile — 8.1%
- Petroleum Products — 5.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -0.5% | Q4 (Bottom) | #21 of 25 |
| 2025 | 6.8% | Q2 | #9 of 22 |
| 2024 | 10.3% | Q3 | #12 of 22 |
| 2023 | 13.8% | Q2 | #10 of 21 |
| 2022 | 6.0% | Q1 (Top) | #4 of 19 |